94
94
Mar 29, 2013
03/13
by
KCSM
tv
eye 94
favorite 0
quote 0
. >> for more, let's go to our correspondent, nathan morley, who joins us on the line from nicosia. they were saying seven days of these controls. now they are talking about a month? can cyprus continue like that for long? >> that is a very good question. a month since how it will be. i was listening to an economist from the popular bank also saying a month or more. really ought to see how it goes. day one, so far so good. very orderly, very disciplined. most of the people i was speaking to were going into the banks not just to withdraw money, but to ask questions about how they pay their electric bills, phone bills -- basically how the system works. a few other developments you might want to know about -- the president has announced this evening that he is to take a 25% cut in his salary. he also announced more details of this crow probe into why the banks fail. three high court judges will be appointed, and that investigation will get under way in the next few days. >> do you think moves like that -- that salary cut an investigation -- will quell public anger, or do you see some s
. >> for more, let's go to our correspondent, nathan morley, who joins us on the line from nicosia. they were saying seven days of these controls. now they are talking about a month? can cyprus continue like that for long? >> that is a very good question. a month since how it will be. i was listening to an economist from the popular bank also saying a month or more. really ought to see how it goes. day one, so far so good. very orderly, very disciplined. most of the people i was...
101
101
Mar 26, 2013
03/13
by
LINKTV
tv
eye 101
favorite 0
quote 0
. >> let's get more now from correspondent nathan morley who is standing by in nicosia. this bailout was supposed to get things back on track, but there is still so much uncertainty. what is the latest? >> yes, now we are looking at the social implications of this crisis and actually seeing this unfold day by day. businesses cannot pay their employees, their salaries, but banks continue to be closed. the number of people seeking help from social markets where food is subsidized is growing by the day. the church is solidifying efforts to make sure the needy get what they need -- food and supplies. friday is a very important day. state salaries are paid. if the banks are not operating by friday and the civil servants are not paid, goodness knows what will happen. >> do the people seem to be taking this in stride, or is this a real sense of uproar in the streets? >> i would not say they are taking it in stride. i think people are so tired and exhausted, and every piece of news seems to be bad. they are looking for a conclusion to this now, and they are not getting any answe
. >> let's get more now from correspondent nathan morley who is standing by in nicosia. this bailout was supposed to get things back on track, but there is still so much uncertainty. what is the latest? >> yes, now we are looking at the social implications of this crisis and actually seeing this unfold day by day. businesses cannot pay their employees, their salaries, but banks continue to be closed. the number of people seeking help from social markets where food is subsidized is...
134
134
Mar 28, 2013
03/13
by
LINKTV
tv
eye 134
favorite 0
quote 0
. >> for more, let's go to our correspondent, nathan morley, who joins us on the line from nicosia. they were saying seven days of these controls. now they are talking about a month? can cyprus continue like that for long? >> that is a very good question. a month since how it will be. i was listening to an economist from the popular bank also saying a month or more. really ought to see how it goes. day one, so far so good. very orderly, very disciplined. most of the people i was speaking to were going into the banks not just to withdraw money, but to ask questions about how they pay their electric bills, phone bills -- basically how the system works. a few other developments you might want to know about -- the president has announced this evening that he is to take a 25% cut in his salary. he also announced more details of this crow probe into why the banks fail. three high court judges will be appointed, and that investigation will get under way in the next few days. >> do you think moves like that -- that salary cut an investigation -- will quell public anger, or do you see some s
. >> for more, let's go to our correspondent, nathan morley, who joins us on the line from nicosia. they were saying seven days of these controls. now they are talking about a month? can cyprus continue like that for long? >> that is a very good question. a month since how it will be. i was listening to an economist from the popular bank also saying a month or more. really ought to see how it goes. day one, so far so good. very orderly, very disciplined. most of the people i was...
123
123
Mar 27, 2013
03/13
by
KCSM
tv
eye 123
favorite 0
quote 0
. >> let's get more now from correspondent nathan morley who is standing by in nicosia. this bailout was supposed to get things back on track, but there is still so much uncertainty. what is the latest? >> yes, now we are looking at the social implications of this crisis and actually seeing this unfold day by day. businesses cannot pay their employees, their salaries, but banks continue to be closed. the number of people seeking help from social markets where food is subsidized is growing by the day. the church is solidifying efforts to make sure the needy get what they need -- food and supplies. friday is a very important day. state salaries are paid. if the banks are not operating by friday and the civil servants are not paid, goodness knows what will happen. >> do the people seem to be taking this in stride, or is this a real sense of uproar in the streets? >> i would not say they are taking it in stride. i think people are so tired and exhausted, and every piece of news seems to be bad. they are looking for a conclusion to this now, and they are not getting any answe
. >> let's get more now from correspondent nathan morley who is standing by in nicosia. this bailout was supposed to get things back on track, but there is still so much uncertainty. what is the latest? >> yes, now we are looking at the social implications of this crisis and actually seeing this unfold day by day. businesses cannot pay their employees, their salaries, but banks continue to be closed. the number of people seeking help from social markets where food is subsidized is...
111
111
Mar 30, 2013
03/13
by
LINKTV
tv
eye 111
favorite 0
quote 0
. >> joining us to help make sense of this is nathan morley. what more can you tell us abou tthe latest figures. >> they are pretty alarming as people try to make heads or tails of them. councils, hospitals, schools will be terrified with depositors. 37.5% ofe figure and holdings become shares and for all purposes, they are not worth the paper printed on. we make it up with 22.5% being set in reserve. until the final account is tallied. that is 60%. the other 40% which remains will attract interest and this will not be paid until the bank performs well. we have talked about the popular bank and they could face a tougher haircut, with an 80%. haircut. >> nathan, briefly. do you have details about the vestigation/estigatio >n? >> it launches monday as several groups were written off by these banks, who are performing terribly. the former president denies a loan worth 4 million euros with the finance minister, who was chief of the bank. wasas the husband -- this the husband of the bank's leader. >> thank you very much. sports now. byron-munich was
. >> joining us to help make sense of this is nathan morley. what more can you tell us abou tthe latest figures. >> they are pretty alarming as people try to make heads or tails of them. councils, hospitals, schools will be terrified with depositors. 37.5% ofe figure and holdings become shares and for all purposes, they are not worth the paper printed on. we make it up with 22.5% being set in reserve. until the final account is tallied. that is 60%. the other 40% which remains will...